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Scotiabank was among the first international banks to endorse the United Nations Environmental Program’s (UNEP) Statement by Financial Institutions on the Environment and Sustainable Development.
Our Policy is to:
- maintain recycling and resource management programs that meet or exceed legislated environmental requirements;
- conduct our internal operations in a manner consistent with environmental protection and the principles of sustainable development, with due regard for associated benefits and costs;
- promote an environmentally responsible workplace by educating and motivating employees to become more involved in the conservation of resources;
- monitor the effectiveness of all our environmental activities by conducting environmental audits and assessments of compliance with the Bank’s requirements;
- incorporate and maintain environmental assessment criteria in our risk management procedures and in the ongoing management of our assets;
- include environmental criteria in assessing relationships with contractors and suppliers; and
- contribute to an ongoing dialogue with the government, industry, and relevant stakeholder groups to establish environmental and economic goals.
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